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Fed Cattle Exchange Acquired by Central Stockyards

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The Fed Cattle Exchange weekly fed cattle on-line public sale has been acquired by Central Stockyards, LLC.

Since 2016 the Fed Cattle Exchange has supplied the cattle business with weekly, cost-effective cattle auctions that present a platform for value discovery by means of aggressive bidding. The costs decided within the weekly auctions profit your entire cattle business and livestock futures markets by offering a clear baseline value for weekly negotiated stay cattle markets.

“The Fed Cattle Exchange is a vital tool to the cattle industry because it provides transparent price discovery,” stated Forrest Roberts, President and CEO of Central Stockyards, LLC. “Our vision is that we can make the Fed Cattle Exchange even more valuable to customers and the entire cattle industry by using technical innovations to adapt to immediate industry needs.”

Financial phrases of the settlement which turned efficient July 24 weren’t disclosed.

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